Fortune Prime Global Journal

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Fortune Prime Global Profile
Year
2011
Country
Australia
Branches
6
Regulation
ASIC Australia
Registration
ASIC Australia, VFSC Vanuatu
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Afghanistan, Africa, Austria, Belgium, Benin, Bosnia and Herzegovina, Bulgaria, Canada, Croatia, Cuba, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Guinea, Guinea-Bissau, Hungary, Iceland, Iran, Iraq, Ireland, Italy, Japan, Jordan, Latvia, Liberia, Libya, Liechtenstein, Lithuania, Luxembourg, Madagascar, Malta, Marshall Islands, Mauritania, Moldova, Monaco, Mozambique, Myanmar, Namibia, Netherlands, North Korea, North Macedonia, Norway, Pakistan, Poland, Portugal, Romania, Russia, Senegal, Serbia, Slovakia, Slovenia, Somalia, South Korea, Spain, Sudan, Sweden, Switzerland, Syria, Taiwan, Turkey, UK, US
Broker type
MM, STP, DMA, ECN pricing
Dealing book
A+B hybrid book, A-book
Tier
3
Execution speed
0.01 ms
LPs total
6
LPs quality
Tier-1 Banks
LPs names
Citibank, HSBC

Fortune Prime Global Accounts
STP
ECN
Minimum Deposit
50 $
200 $
Leverage
500 : 1
500 : 1
Minimum Lot
0.01 lots
0.01 lots
EURUSD spread
...
0 pips
Commission
...
7 $/lotRT
Volume
...
...
Margin Call
100 %
100 %
Stop Out
50 %
50 %
Execution
Market
Market
Spread
floating
floating
Scalping
yes
yes
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Local Transfer, Tether
Base currency
AUD
Segregated accounts
yes
Interest on margin
no
Inactivity fee
none
Update broker

Is Fortune Prime Global safe?

  • Investor protection: no
  • Regulation: ASIC Australia
  • Registration: ASIC Australia, VFSC Vanuatu
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: yes

Is Fortune Prime Global trusted?

  • Information transparency: sufficient ★★★
  • Customer service: ...
  • Fortune Prime Global website: semi-detailed, updated ★★★
  • Fortune Prime Global popularity (by visitor count): least visited

How Fortune Prime Global works



Through our pool of tier-1 liquidity providers, we offer tight spreads to help traders reduce the trading costs.


2.1.1 In our dealings with you, we will act as principal and not as agent on your behalf. Accordingly, we will be the counterparty to all of your trades.

10.1.12 You must not instruct us to submit an Order to enter into a Contract which would breach or cause us or any other person to breach any Applicable Laws including, without limitation, any law or the Rules in relation to: (a) market manipulation, false trading, market rigging, fictitious transactions, black box trading, high frequency trading, scalping, wash trading or matching of Orders;

16.1 Fortune Prime Global provides the Account and enters into all Contracts with you on the basis that your maximum potential loss would be limited to the value of your Account. This is referred to as, and described in the PDS as, “Negative Balance Protection”. This means that you will not be liable to pay us for any shortfall in excess of the balance on your Account.



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